1332 Hermosa Ave | Hermosa Beach, CA 90254
Hermosa Courtyard
Investment Opportunity
Hermosa Courtyard
1332 Hermosa Ave · Hermosa Beach, CA 90254
Offering
Hermosa Courtyard is a high-street retail and restaurant asset positioned along Hermosa Avenue in the heart of Hermosa Beach's dining and entertainment district.
The offering pairs a rare coastal location with established restaurant and experiential tenancy — and a clear path to long-term value creation through strategic leasing and tenant repositioning.
Subject property — 1332 Hermosa Ave
Highlights
Irreplaceable Hermosa Beach location
Prime position along Hermosa Avenue within the city's core restaurant, nightlife and retail district.
91% occupied with durable in-place income
Established income base with manageable vacancy and additional leasing opportunity.
Embedded rent growth
Near-term lease rollover creates an opportunity to capture higher market rents.
Immediate leasing & repositioning upside
Opportunity to strategically improve the tenant mix and increase rental income.
Rare coastal value-add opportunity
A difficult-to-replicate retail asset in one of Southern California's premier coastal markets.
Overview
- 14
- Suites
- 1954 / 1985
- Year built / renovated
- ±15,127 SF
- Building SF
- ±0.28 AC
- Lot size
- HBC2
- Zoning
Hermosa Beach
Hermosa Avenue is emerging as the South Bay's next dining destination, with a wave of new and evolving concepts transforming the corridor into a chef-driven dining and entertainment destination.
Fox & Farrow, Hermosa Brewing Co., Underground Pub & Grill and Pedone's Pizzeria anchor a corridor where dining, nightlife and beach lifestyle intersect every day of the year.
Pier Avenue
Subject property — 1332 Hermosa Ave
- Pier Ave ± 57,940 VPD
- Hermosa Ave ± 19,390 VPD
- Pier Avenue — 1 block
- The Strand — 2 blocks
- Downtown retail core
- Manhattan Beach — 2 miles
Listed By
Michael Pakravan
- Direct
- +1 (310) 919-5737
- Mobile
- +1 (213) 219-3111